Things To Do In SW Florida

By ALAN SUDERMAN, AP Business Writer

After holding relatively stable during last week’s global market turmoil, cryptocurrencies have joined the sell-off.

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  Will new Mega Million odds make you a jackpot winner? Don’t get your hopes up

Bitcoin, the world’s most popular cryptocurrency dipped below $75,000 Monday morning before seeing a slight rebound.

Bitcoin’s prices haven’t been this low since just after President Donald Trump’s Election Day victory last year launched a bull run in crypto prices. Trump, whose tariff announcements led to massive stock sell offs, has been a major promoter of the crypto industry and previously took credit when bitcoin’s price broke $100,000 in December. Bitcoin has been on a relatively steady slide in price since Trump took office earlier this year. read more

By Deborah Vankin, Los Angeles Times

LOS ANGELES — The genius knows all. It knows my height, my weight, my hydration, my cardio stamina — even, regrettably, my body’s visceral fat percentage. I’m standing on a bioelectrical impedance device — which looks a lot like a scale but with metal handles and metal foot pads — and it’s sending low-grade, painless electrical signals through my hands and feet to measure my muscle, fat and water. The percentages of each are then fed into an AI program.

Welcome to Fred Fitness, which touts itself as L.A.’s “first full-scale AI-powered gym.” You might be wondering: What does that even mean? Mostly that AI-powered software, referred to as Genius, is integrated into every piece of cardio and strength equipment at the gym. Throughout your workout, it functions as an ever-present but imperceptible force, sparking beneath the surface, like a digital mycelium network with an agenda: to help you reach your training goal (whether that’s weight loss, strength building or toning) in the most efficient way possible. read more

By JENNIFER McDERMOTT

Nations are trying to reach an agreement to charge commercial vessels a fee for their emissions in what would effectively be the world’s first global carbon tax.

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The International Maritime Organization, which regulates international shipping, set a target for the sector to reach net-zero greenhouse gas emissions by about 2050, and committed to ensuring that fuels with zero or near-zero emissions are used more widely. Its Marine Environment Protection Committee meets Monday through Friday in London. read more

By ALEX VEIGA, Associated Press

LOS ANGELES (AP) — This spring homebuying season is shaping up to be more favorable for home shoppers than it’s been in recent years — as long as they can afford to buy.

Home prices are rising more slowly. Mortgage rates remain elevated, but have been mostly easing and could be headed lower if the U.S. economic outlook continues to darken over the Trump administration’s widespread tariffs, which have rattled financial markets and stoked fears of a recession.

Most importantly, the number of homes on the market is up sharply from a year ago.

While the inventory of homes for sale nationally is still low by historical standards, active listings — a tally that encompasses all homes on the market except those pending a finalized sale — surged 28.5% last month from a year earlier, according to data from Realtor.com. Listings jumped between 44% and 68% in many large metro areas, including San Diego, Las Vegas, Atlanta and Washington D.C.

As homes take longer to sell, prices have started dropping in many markets. The median listing price was down last month from a year earlier in most of the nation’s biggest 50 metro areas, including a more than 6% drop in Austin, Miami and Kansas City. read more

By SCOTT McFETRIDGE, Associated Press

DES MOINES, Iowa (AP) — Lottery players are going to have a shot at more billion-dollar jackpots and slightly better odds under new Mega Millions rules that go into effect with Tuesday’s drawing.

But the improvements come at a cost — literally: Players will have to shell out $5 per ticket, more than double the previous price. On the other hand, the jackpots are expected to grow much bigger — and at a faster rate — and officials believe sales will rise as people are stopped in their tracks by massive prizes.

“People really want big jackpots,” said Joshua Johnston, the Washington state lottery director who heads the Mega Millions game. “We expect to see a sales lift on this.”

HOW IS MEGA MILLIONS CHANGING?

The biggest change is the ticket price hike from $2 to $5. Lottery officials expect that jump to increase revenue from the twice-weekly game, enabling them to lower the odds of winning the jackpot from 1 in 303 million to 1 in 290 million.

The higher ticket price also means the jackpot can start at $50 million, rather than the previous $20 million, and the grand prize is expected to grow more quickly. Each time there isn’t a big winner, the jackpot will jump to a larger mark. Officials expect it will more frequently top the $1 billion threshold that draws extra attention — and bigger sales. read more